ArtPro makes it easy for anyone to buy and sell art over the web. A user-friendly platform harnesses the many benefits of blockchain technology, enabling ArtPro to restore the trust that has long been missing from the art industry. Instead of relying on third party authenticators, ArtPro favours a consensus mechanism that delivers a secure, decentralized system.
ArtPro is creating the go-to marketplace for private dealers and contemporary artists, with a strong focus on emerging talent. The ArtPro platform will open the art world to the masses, making it possible for anyone to discover and purchase fine art online without the excessive fees, intermediaries, and steep learning curve that have traditionally made art available to only to the privileged and the well-connected.
Certificates of provenance, stored on the blockchain, attest to the authenticity of each artwork on the ArtPro platform, but that is only the beginning.
Rated on Oct 9, 2018
Good use case of non-fungible tokens combined with a highly commercial use. Its a natural fit really, and a lot will boil down to the execution of the team.
Rated on Oct 13, 2018
Awesome project. Decent team as well. Art is definitely a tricky piece of item and also theres always issues about lack of transparency and authenticity. However, this project aim to solve this with certificates of provenance and I think its an interesting concept for sure. However, the only obstacles might be the go-to-market strategy because gaining adoption is tough, as seen in most blockchain projects.
Rated on Sep 26, 2018
ERC 721 is the right choice. However, most of the contents of the project seems to be what the agencies that are called galleries around the world already have done. I have a masters degree in art. I sincerely hope that I will activate art through block chains.
So I support this project, but at the moment it is not a project to break down the current situation.
I reviewed it with expectation.
We look forward to a valid MVP.
Rated on Oct 29, 2018
Team appears to be very strong. I like the idea of securitizing assets such as art on the blockchain. A very good niche market. I can update the product rating once I see a prototype or mvp.
This is not financial advice or a recommendation to invest in this or any other ICO. Investors must perform their own due diligence and not rely on external ratings to make their final investment decisions. ICOs are risky and 100% loss of capital is possible.
Rated on Oct 15, 2018
The blockchain technology has opened new horizons and hasn't reached its full potential yet. New use cases are discovered almost daily and whole industries are revolutionized with it. Art traceability and trading can benefit a lot by using blockchain as a means of trust and transparence. This method proved to be efficient in other domains, such as food chain traceabilty, so why not art?
The idea is good, the team seems serious and involved. I rated the product with 4 as I could only find some renders of the platform, so I believe a working platform hasn't been released yet. I will gladly update my rating as soon as the platform is launched.
Rated on Nov 1, 2018
I think that it is a very interesting project.
But their competing institutions are very big. As this project spreads to the world, disappointing works such as counterfeiting and plagiarism will disappear. I would like to cheer this project.
Rated on Oct 16, 2018
Experienced team and excellent product design. Work of art and digital assets complement each other because these things are human-made. Waiting for the platform, I think it will be exciting and in demand
Rated on Oct 20, 2018
Provenance combined with blockchain technology bringing trustworthy information to retail - One of the best and clear use case out there.
I truly believe and envision a future where every physical product has a digital history (the data is already there), allowing you to trace and verify its origins, attributes and ownership.
Starting with Art and creating this unique marketplace is definitely the best way for this tech to help build our future.
Rated on Nov 12, 2018
It was good to meet team of ArtPro offline and discuss with them about its project. Team is real one and they understand what they are doing. For that reason I scored 5 for vision as they are super inspired by idea and its implementation.
Rated on Nov 3, 2018
Modified on Nov 9, 2018
Narrow niche project. The idea is excellent and knowing people from the sphere of art, there really is a problem with the verification and confirmation of the propriety, the ownership rights to the products of art. The use-case of the blockchain in this area takes place.
The team is average. They have an experience in the business sphere, programming, the foundation of start-up companies. It is also great that there are partnerships with key people in this niche.
Tokenomics - just a utility token (ERC20) is definitely a minus. It would be great if there was a mechanism for staking tokens for owners of art galleries, expert agencies and so on. A utility token has a very fast turnover period that will not contribute to the growth of its price, You can buy tokens on exchange and sell it very easy.
Of the obvious cons:
1) There is no product, a prototype or at least something, and will not be until sale
2) Hardcap of $20M is clearly overstated for such a product. This is not a blockchain of its own but just a Dapp, an ERC20 token ... for example, QuarkChain collected 20M, but they make their own blockchain. It is better to collect less, but then the token would grow in value, and not vice versa ...
3) No information about bonuses for private/presale
Rated on Oct 27, 2018
The team has just 9 members and 6 advisors. I highly recommend you to enhance your team for the proper implementation of this project.
The vision is good and somewhat original.
There is no MVP available, however, the product is well described in the WhitePaper and looks good. Good luck implementing the project!
Rated on Sep 6, 2018
The team looks good and supported with savvy advisors and their profiles loo legit. The idea is promising and based on blockchain. There is a comprehensive marketing analysis and grounded business planning approach.
Rated on Oct 13, 2018
KYC passed, the team seems to have all the expertise needed to reach their projects' goals. They have more than 15 partners in the art space and the core team has active LinkedIn profiles. The art industry and blockchain are a great match, and it could surely pave the way to get the art-space in the digital era. 50% of tokens being sold is good compare with ICO standards. Unsold tokens will be burned, team and advisor tokens will be locked, all good signs for investors. The whitepaper contains all the needed info and website looks professional. Great concept with a realistisc usecase for cryptocurrency. No MVP available.
Rated on Oct 20, 2018
Modified on Oct 20, 2018
DYOR I'm just thinking out aloud!!
Team can't find anything wrong here, they are organised and have got partnerships mustered up.
ERC 721 is great choice here in terms of functionality, but when it's time to hit exchanges - not too sure how happy investors will be considering the limited number of exchanges / wallets that handle 721 at present.
There are galleries and thier chains all around the planet that do what this project aims to do (minus blockchain) . Considering that the better portion of the art industry tend to be traditionalists , it is to be seen if such traditionalists will adopt what this project is trying to do or not.
Plus the name of the crypto industry is not the best at present, IMO a big turn off to traditionalists.
A project with no MVP in 2018? Really? Are these still around? Like doesn't the team think it's important to at least have an MVP out to show investors what the fuss is all about? The project is going to be dealing with priceless art $$$$$$$$$$, but not enough for an MVP?
+++I'll review the rating after I see the MVP+++
FYI, I'm doing the rating since a member of the team asked me to do it.
DYOR I'm just thinking out aloud!!
Rated on Oct 21, 2018
This is no investment advice.
Compelling use case for blockchain technology. Team and advisors is big enough. Still much to be developed and it would be very interesting to see this working in practise and getting large partners involved. This would potentially result in higher rates on product.
Rated on Oct 22, 2018
Modified on Oct 22, 2018
This is an interesting project, and it seems to be pretty well executed.
ERC721 is a good choice given the nature of the platform. It will also help with the volatility.
The team is very complete and they have the right experience. I would say it is much more prepared than the average ICOs, and the project itself, on the technical side is not really challenging, so they will be able to execute with ease.
As for the Vision of the project, it's quite interesting, but not unique. It doesn't mean it's equally original. Also, if they can deliver a nice user experience, thanks to the AR implementation, it will make it a choice among similar marketplaces.
The product is not ready yet, but the screenshots look good enough.
I would like to see a full MVP to better rate it.
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Rated on Oct 28, 2018
I would say good use case for NFTs, decent team with good advisors. Lack of MVP though.
Also who certifies the artwork? some professional bodies, some community, or is it certified by "wisdom of the crowd"?
To be a good ICO you need people to
1. Buy the tokens
2. Use the tokens
3. Hold the tokens
Only then token value would increase as the network effects increase
But overall a good idea and application of erc 721 NFTs
Rated on Nov 7, 2018
Team: honestly only Oliver has a decent expertise in this industry
Vision: doesnt look bad but this doesnt help if the team doesnt perform
Product: here we see what i mean, no POC, no MVP, no existing business...
Why so many country restrictions, even countries without/ or light regulations?
Rated on Oct 30, 2018
A very strong team behind with relevant experience that can drive the project to success. KYC passed is another positive.
However, the space has been explored by many with limited success at hand. Execution will play a key role here. MVP availability and adoption will be important to see. Well drafted white paper and tokenomics. However, the minimum investment amount is on the higher end which will be an inhibitor for small investors to enter.
Rated on Nov 1, 2018
The team is both relevant to blockchain and the art industry, allowing for potential success to the project. However, there are many projects like ArtPro that offer the same (or similar) line of services.
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TeamApply as an advisor
Jose Maria Macedo
BUSINESS DEVELOPMENT ADVISOR
AR & ARTISTIC ADVISOR
CO-FOUNDER & CEO
CO-FOUNDER & COO
FRONT END DEVELOPER
SENIOR UI/UX DESIGNER
DIRECTOR OF MARKETING
MARKETING & SMM, INDIA & UK
MARKETING MANAGER RUSSIA & CIS
Associated Exchanges with APT
Inception of ArtPro platform.
Groundwork commences for core team.
Officla registration of UK entity: ArtPro Platform LTD.
Public release of ArtPro website and whitepaper.
Presale – ICO crowdsale.
Beta launch of MVP.
Launch of MVP with partnered galleries & artists.
Introduction of augmented reality to the platform.
The first ArtPro exhibition in London.
Release of the quarterly ArtPro collector’s publication.
Release of the ArtPro art investment fund.